# Finance Act 2022, Paragraph 12: “Tax advantage” in relation to income tax or corporation tax

Extent: E+W+S+N.I.

For the purposes of this Part, a “tax advantage” in relation to income tax or corporation tax includes—
(a) a relief or increased relief from tax;
(b) repayment or increased repayment of tax;
(c) avoidance or reduction of a charge to tax or an assessment to tax;
(d) avoidance of a possible assessment to tax;
(e) deferral of a payment of tax or advancement of a repayment of tax;
(f) avoidance of an obligation to deduct or account for tax.

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Source: https://www.legislation.gov.uk/ukpga/2022/3/schedule/17/paragraph/12 (the official version)
Page: https://openlegislation.uk/finance-act-2022/schedule-17/paragraph-12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.